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On Dec 31,2018 (A) paid JD360000 for 80% of the net assets of (B). the net asset of (B) company at this time is A50000.

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On Dec 31,2018 (A) paid JD360000 for 80% of the net assets of (B). the net asset of (B) company at this time is A50000. The value of carrying assets and liablities of (B) at purchase date equal to their fair values except for the following You have given the following 1. The economic life of the equipment is 5 years without salvage value 275% of the inventory is sold during year 1. The balance of investment in (B) at the end of the year is (equity method) a. JD381300 b. JD376000 c. JD360000 d J0377400 2. The balance of the net income of (A) company is (cost mothod) a 10140000 b- 30104000 10100000 3. The balance of goodwill at the beginning of the following year is a. JD5600 b. JD 6500 C. JD4200 d. JD2400

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